The views and opinions expressed in this article are those of the thought leaders as individuals, and are not attributed to CeFPro or any particular organization.
By Stas Alforov, Director of Research & Development, Gemini Advisory
Why is there an increased risk of merchant breaches in real time environment?
Most merchants operate in a real-time environment in which they use automated transactional risk scoring to make split-second decisions about whether a transaction is legitimate or fraudulent. However, even the best transaction risk scoring does nothing to lower merchants’ risk of being breached due to the fact that breaches primarily come from vulnerabilities or human error, which lead to hackers gaining intimate access to the merchant’s website.